The term 'Target Alternative' refers to three major department stores: SEARS, Kohls, and Kmart. All three of these stores offer a wide variety of products and services, ranging from clothing and home goods to electronics and appliances. SEARS is a well-known American chain of department stores founded in 1886, while Kohls is a more recent addition to the retail landscape, having been founded in 1962. Kmart is another American chain of discount department stores, founded in 1962. All three of these stores provide customers with an alternative to Target, offering similar products and services at competitive prices.